FinClear partners with Shadforth



FinClear has partnered with Shadforth Financial Group to deliver trading, clearing and settlement services, as well as its TradeCentre front-end technology.
David Ferrall, chief executive of FinClear, said Shadforth was an important addition to FinClear’s client stable.
“It’s great to see a strong, national brand like Shadforth join our community of banks, brokers and advisers,” Ferrall said.
“We’ve grown more than 200 per cent over the [last] 12 months, and this new partnership is really the icing on the cake for what’s been an outstanding 2018-19 financial year for FinClear.”
Gene Phair, head of Shadforth, Tasmania, said the partnership was a result of a rigorous search.
“We were seeking a provider who could not only deliver a fast and efficient broking service, but whose client-first values aligned with our own,” Phair said.
“FinClear demonstrated a clear and thorough understanding of our business, and despite being relative newcomers to the industry, are genuinely focused on delivering a first-class client and adviser experience.”
Recommended for you
State Street has rebranded its State Street Global Advisors arm, which has US$4.6 trillion in assets under management, following a series of deals with financial services firms in recent months.
Northern Trust Asset Management has appointed a new head of international and responsible investing.
More than 20 winners have been revealed for the annual Fund Manager of the Year Awards.
Regal Partners has announced its latest alternatives acquisition, taking a 50 per cent stake in real estate and advisory platform Ark Capital Partners ahead of a future hotel strategy launch.